News

July 2 -- The promise of a $150 million federal loan guarantee for Cape Wind keeps the controversial offshore wind project on a path to start construction in Nantucket Sound as soon as early next year, a spokesman said.

Once finalized, the loan guarantee should give Cape Wind the boost it needs to line up the final pieces of financing for the estimated $2.5 billion project by the end of the year, said Cape Wind spokesman Mark Rodgers. >>View Article